The Hive wins new funding to help you

Entrepreneurs in North Nottinghamshire and Derbyshire can continue to access support from The Hive@Mansfield after the business incubation unit secured further funding from the European Regional Development Fund and Nottingham Trent University.

The Hive@Mansfield is the outreach project of The Hive, Nottingham Trent University’s Centre for Entrepreneurship and Enterprise, and aims to help entrepreneurs to develop ideas into successful and profitable businesses.

It covers the local authority districts of Ashfield, Bassetlaw, Chesterfield and Mansfield, and individuals or businesses based in these areas are eligible for the fully-funded Proof of Concept programme, run by The Hive@Mansfield three times a year and which has supported over 200 individuals since 2006.

The 12-week programme offers training and support in evaluating the commercial potential of an idea; conducting market research and producing a marketing strategy; determining the costs, cash requirements and profit potential of a business; and producing a business plan. It also includes access to Nottingham Trent University resources.

Michael Huxley, manager of The Hive@Mansfield, said: “There is no other service which offers entrepreneurs this level of support in this region. All we are looking for are people with a good business idea and the passion and determination to succeed. This funding means we can continue to help business start-ups, newly formed businesses and spin-out companies.”

The next Proof of Concept programme starts in September 2012 and subsequently runs three times a year. Based at and supported by the Mansfield i-centre, the programme is open to applications from eligible individuals and businesses.

l For further information, call 01623 600829, email: michael.huxley@ntu.ac.uk or visit www.ntu.ac.uk/hive-mansfield